Very torn on leasing vs buying. Wife is frugal and wants to buy used SUV cuz we don’t rack up a ton of annual miles. I like flexibility of lease as I don’t want to deal with repairs and have 2 kids under four who will get vehicle messy + northeast winters. With budget around 30K if buy would prob go used Toyota Highlander Hybrid. If lease open to a lot of other options. Any advice?

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Checkout telluride and palisade, miles apart from toyota

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The sensible choice might be to buy a used 2019 SUV. It will have many of the features you will find in 2020 & 2021 models, but you aren’t taking on the steep depreciation from the first year. You can then sell it in 3 yrs. Later, in hindsight, you will likely see that the difference between the price you paid for a used SUV and then eventually sell it is lower than the total lease payments you made over 3 yrs on a new SUV.

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This was the advice i was looking for. Thanks very much

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I’d suggest Subaru Outback or Forester since they have AWD. Ascent is also nice but you might not need 3rd row seats. Highlander Hybrid will get the best fuel economy.

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Toyota for sure

Adding to above I’ll also add the Atlas is pretty solid. And it leases well. Someone I know leased an SEL with the V6 for $480 / month, with only inception fees down

Lease

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